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1101
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Economy / Trading Discussion / Re: Number One Reason NOT to invest in Crypto
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on: January 01, 2019, 02:53:16 PM
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Now that the market fluctuates, we may lose money without deep knowledge and can not predict the good coin. So I think anyone who dares to risk that person will succeed.
If a man is pretty lazy, when he is not patient when he is not ready to learn everything about crypto every day, he must never deal with it. These are the reasons not invest in cryptocurrency. fluctuations can be a scourge and can be an advantage depending on the skills possessed by everyone, if they see fluctuations as an advantage there is certainly no reason to not join in Bitcoin, but if fluctuations become a scourge of course it can be a reason for someone not to invest, because of the big risk |
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1102
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Economy / Trading Discussion / Re: 11 Mistakes you should never do in crypto trading✌✌
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on: January 01, 2019, 02:46:25 PM
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The biggest mistake is to hope for a big and fast profit. In this forum, I see a lot of questions from newbies. An example of such questions is: how to quickly increase capital, how to reduce losses, etc.
its not a mistake to hope because hoppping can give you a motivation to push more . yet that is inapropriate to keep asking for an easy way or short cuts because that is an example of spoon feeding already and you cannot learn better if you dont start at the beginning or the hard way . but theres nothing wrong on seeking for advice because those can somehow improve your trading performance . hope must be placed in the right position dude, don't expect and hope to shitcoin, don't expect prices to recover when market conditions get worse and so on. because it will only make you lose. you have to be sure and hopeful when you hold for longterm in potential coins like bitcoin, thats one of example |
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1103
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Economy / Trading Discussion / Re: Do you follow trading advice from crypto influencers?
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on: January 01, 2019, 02:37:03 PM
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No one can accurately predict the market so depending on them for investment advice may not be the best decision. To me I suggest one do his own research before investing in any coin. A good understanding of the project, the product and the developmental stages will show much about what coin to invest in because most of these influencers are pump and dump.
Seeking guidance from the experts is the best thing to do and that this is something which will then help you in having some good understanding of the things related to that of the crypto currencies as well which will then help you in making some suitable decision according to the situation. You need not to make any hasty decision and that you must think well before making any final choice. it's not a problem to hear some signals and suggestions from expert traders, but don't get too used to following what they say without any calculations and considerations, what is the meaning to learn and your experience, if you just follow the signal from others? |
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1104
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Bitcoin / Bitcoin Discussion / Re: Who's The Loser Here?
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on: December 30, 2018, 01:28:28 AM
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I think those weakhands selling there bitcoin in the cheapest price now if you are true believers of bitcoin keep believing on it and no matters happen bitcoin will comeback to the top when bullish run start.
it is true that only losers sell bitcoin at a cheap price, because they will not believe that the bitcoin will rise again, so those who survive are what we must follow so that we can get a big profit later Not always mate, selling is not a loser who does not believe in the future of bitcoin, let alone a short term trader must make choices quickly, and sell at a cheap price is not a bad thing if the other options market get worse |
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1105
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Economy / Trading Discussion / Re: Did you lose your confidence as an investor?
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on: December 30, 2018, 01:26:34 AM
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As an investor who wants to bag more of the projects I think this is one of the best times in this market to buy more while it's cheap. We have suffered more waves and tests of the market condition that will stay for good so I bet all on it for potential exponential gain.
from the big waves that happened some time ago and a lot of losses to some of us, of course losing trust is a natural thing, isnt it ? thats why the price of some crypto is still difficult to go back up, we need pumping trust like positive news so we can more confidence |
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1106
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Bitcoin / Bitcoin Discussion / Re: Bitcoin losing value is nothing surprising, will continue
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on: December 30, 2018, 01:13:38 AM
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Bitcoin will never lose its value remember this is a volatile market it swings back and forth so expect Bitcoin rise very soon
I agree with you bitcoin never lose the market value. Bitcoin is very unpredictable the value is volatile. We know the value is up and down so that this is normal in one business so don't worry about it bitcoin will rise soon we just wait for it. You cant say that bitcoin never loose its value because it does actually loose alot of its value ever since we hit january 2018 but you are right this is just normal due to the effects of market volality . Its no surprising but it is anonnying and verry depressing to see the price becoming stagnant in 3k and below . Lets just hope that btc and other cryptos will still make a good comeback before christmas and new year because we all need cash in order to celebrate for these once in a lifetime events . people who have experienced price changes up and down during bitcoin life (2009-2018) certainly think that this is a natural thing and have happened several times before, so they certainly already know and anticipate if this happens again, losing value is normal and maybe in the future it will happen the same thing again, because bitcoin has fluctuations so anything can happen right? |
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1107
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: are you afraid of the current market situation.
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on: December 29, 2018, 01:57:25 AM
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Of course, the current situation may be scary for many, but if you look from the point of view of new opportunities, now is a good opportunity to buy cheap all those coins that you did not buy a year ago, when the prices were exactly the same as now. Therefore, it can be regarded as an opportunity to return to last year’s situation when you did not have time to buy coins cheaply and woke up when Bitcoin was already almost $20 thousand, Ethereum $1,400, Dash $1,600.
Yeah this depends on which point of view you take. if you take in a holder's perspective, of course this is very scary because prices continue to fall, but if you look as an opportunity seeker, then this is a price change that can give you an advantage for buy at cheap price |
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1108
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: 55K loss, how to get back into the game
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on: December 29, 2018, 01:50:19 AM
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Folks, what a terrible year 2018 has been so far. I invested around 60K and now left with 5K. I did terrible mistakes and I hope there would be a turnaround sometime next year or so. Any suggestions?
more than 90% you lose your capital,, but if you do not sell your crypto assets, you will never lost,, because your portofolio only decreasing, you will lost if you sell your assets my friend regards template answer , often hear this answer. but maybe there is some truth. if you haven't sold your assets, and you're still sure the coins you bought have the potential to go back up, why not keep on holding it? but if you have lost because of selling it, then stop for a moment, introspect yourself whether your skills are high enough or not, because such a big loss dude, if you are skilled you will not lose that much? |
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1109
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Economy / Trading Discussion / Re: There is no magic in trading
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on: December 29, 2018, 01:45:12 AM
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if you only rely on magic it means you only depend on your luck? trading is not about gambling which can only benefit from luck, in trading you cannot do that, when you are wrong in determining the steps, you can just lose.
Yes, all the traders who are all approaching the markets just by believing in to their luck factor will eventually lose in then collapse completely. A magic in trading should not be considered as a luck factor. In magic in trading is possible only we are deserved for that to have. My points aren't like that, yeah magic can be very helpful for a trader to save you or get a bigger profit. but as a trader you shouldn't depend or expect too much of the magic in the end result dude, thats my point Our market is really unstable for now and we can't expect for good profit by then. We look for magic which couldn't be happen, instead we look for better opportunities as we face into market downfalls. why all of you really want magic to come and help you? if the conditions are difficult like unstable, bearish, and etc. of course you have to pause and take break for second, because the risk is too big to trade, you have to find the right time to go back in, by analyzing it, not waiting for magic to come and help you ? |
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1110
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Economy / Economics / Re: current situation of cryptocurrency for 2018
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on: December 29, 2018, 01:42:46 AM
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There are so many talks about BTC price.
But why no one talks about blockchain technology? Why no one talks about the growing popularity of cryptocurrency.
We are so focused on the price of BTC. And we forget about the main thing. About popularity. I am ready to see 3k dollars for BTC if every single person will use it.
because most users of bitcoin are investors, so the user's concern will certainly be more likely to discuss about turnover price on the market, but that doesn't mean there are no conversations at all about the development of bitcoin and so on. you can see in some sections, some users talk about it. yeah crypto should not always talk about price, because there are many other aspects such as popularity, legalization, acceptance and so on thats who keeps moving forward like in my country, where the government already has a discourse to make bitcoin enter the stock market, even if not for transactions. I think that is a significant development for me personally, where I live in a developing country and can keep up with current technological developments. this will have a good impact if many countries will do it but not all countries can do that because not all countries have the same technological and economic development as your country have, yeah that's good news if bitcoin is on the stock market, it will add a new market for bitcoin, I hope the bitcoin situation can improve bcoz of that |
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1111
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Economy / Economics / Re: Is small business ready to sell for cryptocurrency?
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on: December 29, 2018, 01:39:58 AM
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What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
Any small business that plans to use cryptocurrency as mode of payment should also be for possible losses of funds due to the coin's volatility. They must also have a good knowledge in cryptocurrencies so they can be prepared for any eventuality like sharp decline of prices and pssible hackings. I think virtual coins is not yet popular in many places and number of merchants that uses it is still limited. the main thing is they have to understand about cryptocurrency, as you describe it, of course, by accepting payments using bitcoin has high volatility, so it becomes very risky if there is a drastic decline. but if they can manage it, this has 2 advantages, which can be used as an investment tool what is important is, the payment system that you implement. if you don't want to lose because of fluctuations then use the payment system by automatically converting to fiat, so you will not lose money due to fluctuations, I think that is done by some online stores that accept crypto payments this method can also be implemented as a small shop, but knowing trading, I think it will be better, because we can hold the cryptocurrency that we get, and I consider it a double job But the store is not a trader who wants to benefit from price changes, of course they don't want to take the risk of holding crypto that they get for a period of time, because it is very possible that prices will fall and harm them, the point is that all businesses can use crypto payments if the payment system they made suitable |
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1112
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Economy / Economics / Re: Is small business ready to sell for cryptocurrency?
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on: December 28, 2018, 01:23:10 PM
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What do you think, how many people are ready to sell their goods or services on crypto? Let's say that we have service which help quick and easy to build online store and sell for cryptocurrency. What kind of reasons can motivate people to start a crypto business?
Any small business that plans to use cryptocurrency as mode of payment should also be for possible losses of funds due to the coin's volatility. They must also have a good knowledge in cryptocurrencies so they can be prepared for any eventuality like sharp decline of prices and pssible hackings. I think virtual coins is not yet popular in many places and number of merchants that uses it is still limited. the main thing is they have to understand about cryptocurrency, as you describe it, of course, by accepting payments using bitcoin has high volatility, so it becomes very risky if there is a drastic decline. but if they can manage it, this has 2 advantages, which can be used as an investment tool what is important is, the payment system that you implement. if you don't want to lose because of fluctuations then use the payment system by automatically converting to fiat, so you will not lose money due to fluctuations, I think that is done by some online stores that accept crypto payments |
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1113
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Economy / Economics / Re: current situation of cryptocurrency for 2018
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on: December 28, 2018, 01:19:36 PM
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There are so many talks about BTC price.
But why no one talks about blockchain technology? Why no one talks about the growing popularity of cryptocurrency.
We are so focused on the price of BTC. And we forget about the main thing. About popularity. I am ready to see 3k dollars for BTC if every single person will use it.
because most users of bitcoin are investors, so the user's concern will certainly be more likely to discuss about turnover price on the market, but that doesn't mean there are no conversations at all about the development of bitcoin and so on. you can see in some sections, some users talk about it. yeah crypto should not always talk about price, because there are many other aspects such as popularity, legalization, acceptance and so on thats who keeps moving forward |
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1114
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Bitcoin / Bitcoin Discussion / Re: Who's The Loser Here?
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on: December 28, 2018, 09:53:34 AM
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I did fail and became bankrupt because of bitcoin and other altcoins. but I did not stop the trade. if I stop then I will become a coward in trading
There's a time you have to stop and look in the mirror. You have to introspect what is wrong with you and your strategy. not try to trade again because you don't want to be seen as a coward, stop for a moment and think what's wrong, its will give you valuable lessons so you don't repeat the same losses? |
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1115
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Bitcoin / Bitcoin Discussion / Re: Why is Bitcoin allowed to continue?
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on: December 28, 2018, 09:48:38 AM
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...because those who had the power to stop him at the beginning had not noticed, not understanding him. Now there are already great interests. And politics never risks losing consensus going against too many interests.
The interest of banks are still many times bigger than any created interest in maintaining cryptocurrencies alive, the truth is they do not really know how they could kill something like bitcoin, the moment they try to do it we will know they are against us and unless they can exterminate all cryptocurrencies with a single movement then some of them will remain and people will do everything to protect the cryptocurrencies that were left and that will only make killing those cryptocurrencies even harder. Make no mistake they are looking for ways to destroy the market and so far they have failed that is why you do not see an open opposition against bitcoin at the moment but that will change especially if cryptocurrencies begin to affect in a significant way the interests of banks. I agree, Central Bank certainly doesn't like Bitcoin to be alive but it still doesn't know how to stop Bitcoin yet, even though the Bitcoin can be dangerous but it also got a big usage for the people, so the government still try to do research, to see either Bitcoin could help the country or destroy the country The government and banks have no way to stop bitcoin, it is impossible for them to stop technological development, you know something new will not be dammed, and something outdated will definitely be replaced. and bitcoin will continue to spread, and that requires the government to find another way |
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1116
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Economy / Trading Discussion / Re: There is no magic in trading
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on: December 28, 2018, 09:48:17 AM
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if you only rely on magic it means you only depend on your luck? trading is not about gambling which can only benefit from luck, in trading you cannot do that, when you are wrong in determining the steps, you can just lose.
Yes, all the traders who are all approaching the markets just by believing in to their luck factor will eventually lose in then collapse completely. A magic in trading should not be considered as a luck factor. In magic in trading is possible only we are deserved for that to have. My points aren't like that, yeah magic can be very helpful for a trader to save you or get a bigger profit. but as a trader you shouldn't depend or expect too much of the magic in the end result dude, thats my point |
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1117
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Economy / Trading Discussion / Re: It’s very easy to trade Bitcoin
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on: December 28, 2018, 09:41:09 AM
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Indeed, it is easy to trade bitcoin, the main problem is that it is difficult to know how the market is going to move on the next few hours/days, because bitcoin is highly unpredictable.
To be honest, it is much more easier to predict the EUR/USD pairs instead of how is gonna be the bitcoin behaviour.
So, the main difficulty in trading is the prediction of the cryptocurrency rate. Even the best professionals here make many mistakes, and they confess that they can't foresee Bitcoin prices. Yes, bitcoin is difficult to predict. this is the key to trading because bitcoin affects the altcoin price. may require some accurate information sources to predict the price of bitcoin. Just to trade is easy, you just have to place orders and finish, the problem is getting profit is not as easy as you imagine you need a lot of analysis and strategies to choose when to buy and sell, the point is trading will be easy if you are skilled in analysis strategies yes indeed people have prepared their best strategic analysis but still they are difficult to get profit in this bear market. indeed all of that requires patience and waiting until everything becomes better and normal so that easy profits can be obtained. Even though conditions improve, profits will not be easily obtained if you do not have skills in analysis, the most important thing here is to have skills and strategies to read the direction of the market, then trading can be easier because of that |
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1118
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: Don't forget to be more Patience - Hold more coins
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on: December 27, 2018, 01:12:52 AM
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It is very difficult to remain calm at a time when the cryptocurrency market is going down and the investment portfolio is decreasing. But I try not to lose faith in cryptocurrency.
I know that, but if you get carried away you will panic and do something stupid. if the price reduction only occurs for a moment seen from the chart then you have to be patient, because that is nature that must be possessed by every trader |
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1119
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Alternate cryptocurrencies / Speculation (Altcoins) / Re: The market is green today from 3.1 to 3.7K BTC, will bull reconnect?
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on: December 27, 2018, 01:08:38 AM
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Well, ETH just got back up to close $130 since the drop to $80 It appreciate value against btc now and we are back to ETH/BTC of rate at 0.03 now, soon 0.04 if the run continue Well for the entire market, bulls is unsure but we certainly know that the Rates hikes actually push down the stock market Hence if people are looking to make money or invest, where should they put? Crypto  Even the price of bitcoin had touched $4k again some time ago and Ethereum also experienced a positive performance, but as long as the bull run has not happened yet, then the prices at any time can come back down again, so I hope you keep caution mate.. |
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1120
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Economy / Trading Discussion / Re: I fail in trading
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on: December 27, 2018, 01:01:40 AM
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I’m a newbie in trading. I want to improve my trading skills. I have heard some experienced trader said that I should learn and read more before start, and also get some experience. Trading requires a lot of patience and hard work, learn about the way to analyze the price chart, when they can be able to analyze price chart they will know the best time to buy and sell and know which one is the best coin to trade…
I tried one but I falied. There is something I don’t know? Please tell me more.
Losing is normal because it is part for you to become professional trader someday. When I was beginner in tha trading world, I also lose many times but I didn't stop to study and research for me to correct all of my mistakes. If you decided to become a trader, you must be ready to lose sometimes. You will always have "black" and "white" periods. Try to stay a realist, and simply work hard to become a professional. I myself believe all traders have experienced losses and even failures at the beginning of their trade, and that is the form of your learning process, you will begin to understand the mistakes you made and that will make you much better |
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